VIRENTI: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VIRENTI
Largest movements
- Deferred charges and accrued income +€72,063
up €72,063 (+527.3%), from €13,667 to €85,730
- Cash -€44,615
down €44,615 (-70.7%), from €63,073 to €18,459
mainly Investment in fixed assets (net) (-€169,719) and Deferred charges and accrued income (-€72,063)
- Intangible fixed assets +€10,120
new in 2025: €10,120
- Receivables within one year +€9,063
up €9,063 (+868.9%), from €1,043 to €10,106
of which Other amounts receivable: +€5,685
- Tangible fixed assets +€8,970
up €8,970 (+30.1%), from €29,770 to €38,740
of which Plant, machinery and equipment: +€13,469
- Debts after one year +€120,000
new in 2025: €120,000
- Profit (loss) carried forward -€51,396
down €51,396 (-655.2%), from -€7,845 to -€59,241
- Tax, wage and social debts -€14,431
no longer reported in 2025 (was €14,431)
- Trade debts +€5,355
up €5,355 (+112.1%), from €4,775 to €10,130
- Depreciation +€138,864
up €138,864 (+1339.0%), from €10,370 to €149,235
- Gross operating margin +€93,843
up €93,843 (+3252.8%), from €2,885 to €96,728
- Taxes -€4,798
down €4,798, from €128 to -€4,670
- Financial charges +€2,140
up €2,140 (+511.1%), from €419 to €2,559
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,653 | €169,319 | +€61,665 | +57.3% |
| Fixed assets | 21/28 | €29,870 | €50,354 | +€20,484 | +68.6% |
| Intangible fixed assets | 21 | - | €10,120 | +€10,120 | |
| Tangible fixed assets | 22/27 | €29,770 | €38,740 | +€8,970 | +30.1% |
| Plant, machinery and equipment | 23 | €21,025 | €34,494 | +€13,469 | +64.1% |
| Furniture and vehicles | 24 | €8,745 | €4,245 | -€4,499 | -51.5% |
| Financial fixed assets | 28 | €100 | €1,494 | +€1,394 | +1394.2% |
| Current assets | 29/58 | €77,783 | €118,965 | +€41,181 | +52.9% |
| Amounts receivable after more than one year | 29 | - | €4,670 | +€4,670 | |
| Other amounts receivable | 291 | - | €4,670 | +€4,670 | |
| Amounts receivable within one year | 40/41 | €1,043 | €10,106 | +€9,063 | +868.9% |
| Trade receivables | 40 | €69 | €3,448 | +€3,378 | +4866.2% |
| Other amounts receivable | 41 | €974 | €6,659 | +€5,685 | +583.9% |
| Cash at bank and in hand | 54/58 | €63,073 | €18,459 | -€44,615 | -70.7% |
| Deferred charges and accrued income | 490/1 | €13,667 | €85,730 | +€72,063 | +527.3% |
| Total equity and liabilities | 10/49 | €107,653 | €169,319 | +€61,665 | +57.3% |
| Equity | 10/15 | €46,506 | -€4,890 | -€51,396 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €51,351 | €51,351 | = | 0.0% |
| Distributable reserves | 133 | €51,351 | €51,351 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,845 | -€59,241 | -€51,396 | -655.2% |
| Amounts payable | 17/49 | €61,147 | €174,208 | +€113,062 | +184.9% |
| Amounts payable after more than one year | 17 | - | €120,000 | +€120,000 | |
| Financial debts | 170/4 | - | €120,000 | +€120,000 | |
| Amounts payable within one year | 42/48 | €61,147 | €52,624 | -€8,523 | -13.9% |
| Trade debts | 44 | €4,775 | €10,130 | +€5,355 | +112.1% |
| Suppliers | 440/4 | €4,775 | €10,130 | +€5,355 | +112.1% |
| Taxes, remuneration and social security | 45 | €14,431 | - | -€14,431 | |
| Taxes | 450/3 | €14,431 | - | -€14,431 | |
| Other amounts payable | 47/48 | €41,940 | €42,494 | +€554 | +1.3% |
| Accrued charges and deferred income | 492/3 | - | €1,584 | +€1,584 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,370 | €149,235 | +€138,864 | +1339.0% |
| Other operating charges | 640/8 | €584 | €1,002 | +€418 | +71.6% |
| Gross operating margin | 9900 | €2,885 | €96,728 | +€93,843 | +3252.8% |
| Operating profit (loss) | 9901 | -€8,069 | -€53,508 | -€45,439 | -563.1% |
| Financial income | 75/76B | €771 | €1 | -€770 | -99.8% |
| Recurring financial income | 75 | €771 | €1 | -€770 | -99.8% |
| Financial charges | 65/66B | €419 | €2,559 | +€2,140 | +511.1% |
| Recurring financial charges | 65 | €419 | €2,559 | +€2,140 | +511.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,717 | -€56,066 | -€48,350 | -626.6% |
| Income taxes | 67/77 | €128 | -€4,670 | -€4,798 | |
| Profit (loss) for the period | 9904 | -€7,845 | -€51,396 | -€43,551 | -555.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,845 | -€51,396 | -€43,551 | -555.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.